Deterioration

Traders Balancing Still Moderating Weather With Expected Storage Stats; July Called A Penny Higher

July natural gas is set to open a penny higher Tuesday morning at $2.90 as traders digest further deterioration in the weather outlook and mull Thursday inventory figures. Overnight oil markets plunged.

June 20, 2017

BHP Takes US$2.8B Charge on Fayetteville Fail

Australia’s BHP Billiton Ltd. is taking a US$2.84 billion pre-tax charge against the value of dry gas assets in the Fayetteville Shale that it acquired just last year due to weak natural gas prices and oversupply.

August 7, 2012

Canadian Oilfield Services Firms Note Modest Recovery

After four years of severe deterioration, gas-field contractors say the bottom of the slump is behind them and are predicting that Canadian drilling will increase this year.

February 1, 2010

Canadian Oilfield Services Firms Note Modest Recovery

After four years of severe deterioration, gas-field contractors say the bottom of the slump is behind them and are predicting that Canadian drilling will increase this year.

January 29, 2010

Canadian Oilfield Services Firms Note Modest Recovery

After four years of severe deterioration, gas-field contractors say the bottom of the slump is behind them and are predicting that Canadian drilling will increase this year.

January 29, 2010

Canadian Well Costs Down as Production Falls

Costs of new Canadian natural gas wells are dropping and the improved efficiency is slowing down deterioration of supply activity, a field contractor group says.

August 4, 2009

Futures Dig New Lows; Could a $2 Handle Be Next?

With traders eyeing the continued deterioration of the natural gas technical and fundamental environment, May futures on Friday plumbed new lows for the move, further exposing the possibility of a breach of the $3 price level. The prompt-month contract ended Friday’s regular session at $3.297, down 11.2 cents from Thursday’s finish and a whopping 43.2 cents lower than the previous week’s close.

April 27, 2009

Questar Tries to Shield Itself from Capacity Releases of Credit-Poor Shippers

Faced with the “deterioration of [the] financial soundness” of certain natural gas shippers on its system, Questar Pipeline Co. is proposing tariff changes that would protect itself financially in the event firm capacity is released by non-creditworthy or insolvent shippers.

February 17, 2003

Questar Tries to Shield Itself from Capacity Releases of Credit-Poor Shippers

Faced with the “deterioration of [the] financial soundness” of certain natural gas shippers on its system, Questar Pipeline Co. is proposing tariff changes that would protect itself financially in the event firm capacity is released by non-creditworthy or insolvent shippers.

February 13, 2003